Changpeng Zhao: Freeze Satoshi's BTC to counter quantum threat

Binance founder Changpeng Zhao said in a podcast interview that quantum computing is not a fatal threat to Bitcoin and can be addressed with a quantum-resistant cryptography upgrade. He specifically addressed the approximately one million BTC believed to be owned by Satoshi Nakamoto, stating that leaving the coins unattended is not the right approach. Zhao proposed that after a quantum-resistant upgrade, a grace period of six to 12 months should be given for the coins to be moved. If they remain untouched, he suggested they should be removed from circulation, or frozen, through a new protocol. He warned that without such action, an unfair situation could arise where the first entity to hack the wallet with a quantum computer would claim all the funds. However, Zhao emphasized that any final decision must be made through a community consensus mechanism, such as a vote.